BEIJING (Asian Metal) 3 Jul 20 – Sichuan Tranvic Group Co., LTD produced about 1,160t of vanadium pentoxide flake 98%min in June and would increase to normal level for about 1,400t this month.

“We finished the overhaul and the output of vanadium pentoxide flake 98%min returned to normal level. According to the current production status, we would produce 1,300t-1,400t in July,” a source of this company said.¬†They produced about 1,160t in June due to the annual overhaul. They quote RMB107,000/t (USD7/lb V2O5) EXW D/A 180 days for their vanadium pentoxide flake 98%min at the moment.

Located in Sichuan, they are one of the top three producers for vanadium pentoxide flake 98%min in China. With an annual production capacity of 20,000t, they produced about 10,000t in 2019 and would increase to about 13,500t in 2020.

At present, mainstream prices of Chinese vanadium pentoxide flake 98%min stand at RMB105,500/t (USD6.9/lb V2O5) EXW D/P, unchanged from this Wednesday.

www.asianmetal.com